Homes for sale - 1605 S Atlantic BLVD, Alhambra, CA 91803

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$3,400,000

Est. payment - /mo

0.52 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25026504

HOA Y/N No

Year Built 1947

Lot Size 0.524 Acres

Property Sub-Type Quadruplex

Property Description

Rare 8-Unit Investment Opportunity in Prime Alhambra with Development Potential

This exceptional multifamily property consists of two side-by-side parcels totaling 22,978 square feet in the highly desirable Residential High Density (RH) zone of Alhambra. Featuring eight fully occupied units with a combined 6,415 square feet of living space, this asset offers a diverse mix of rental options, including a studio, two 1-bed/1-bath duplexes, an upstairs two-bedroom unit, and two detached single-family homes—one of which is a three-bedroom with a basement and private fenced yard. Most units are equipped with in-unit laundry, with the exception of the studio and the upstairs unit, which share a laundry room downstairs.

The property includes ample on-site parking, featuring five standalone single-car garages, a two-car garage with an attached studio and upper unit, a carport, and additional off-alley and street parking. The buildings have been well-maintained, and all units are currently rented with no outstanding balances, reflecting strong tenant retention and minimal vacancies.

Ideally situated near Pasadena, San Marino, and San Gabriel, this property offers easy access to major freeways, public transportation, top-rated restaurants, entertainment, Dodger Stadium, Hollywood, golf courses, Downtown Los Angeles, Santa Anita, The Rose Bowl, USC, UCLA, Cal State LA, and an array of retail shops and parks.

With its prime RH zoning designation, this property allows for a density of 43 units per acre, a maximum building height of 45 feet, and up to five stories, presenting significant redevelopment potential (buyer to verify). There may also be opportunities to add ADUs or Junior ADUs for additional rental income. This is a rare chance to acquire a high-performing investment property with substantial upside in a prime infill location.

Private property – Do not enter without written permission.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Zoning ALRPD*

Interior

Fireplace No

Laundry Inside

Exterior

Parking Features Attached Carport, Garage, Off Street

Garage Spaces 7.0

Carport Spaces 1

Garage Description 7.0

Pool None

Community Features Storm Drain(s), Street Lights, Sidewalks

Roof Type Tile

Total Parking Spaces 9

Private Pool No

Building

Lot Description Back Yard, Front Yard, Landscaped, Sprinkler System

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5356016043

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Andrew Homs • H & M Realty Group • 949-229-2704

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